Situations in which the pricing policies for a product lead to an increase in variability of orders placed are referred to as
A) incentive obstacles.
B) information processing obstacles.
C) operational obstacles.
D) pricing obstacles.
Answer: D
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U.S. GAAP requires firms holding debt and equity securities, as well as derivatives, as trading securities to value the securities on the balance sheet after acquisition at
a. an amount based on acquisition cost. b. market value, with changes in market value of securities held at the end of the accounting period reported each period in income. c. market value, with changes in market value of securities held at the end of the accounting period not affecting reported income until the firm sells, or otherwise disposes of, the securities. d. present value of future cash flows, with changes in present value of future cash flows of securities held at the end of the accounting period reported each period in income. e. present value of future cash flows, with changes in present value of future cash flows of securities held at the end of the accounting period not affecting reported income until the firm sells, or otherwise disposes of, the securities.
With reference to #32 above, where does the story take place?
a. Mt. Washington b. Himalayas c. Nepal d. Both b and c
Which of the following would NOT be considered part of an EXTERNAL analysis for a business?
A) Estimated Growth of GDP B) Federal Reserve monetary policy C) Expected growth of the firm's industry segment D) An analysis of the firm's operations management
Meli Corporation manufactures two products: Product L61P and Product B60E. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products L61P and B60E.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$280,00014,000MHsMachine setupsNumber of setups$225,000450setupsProduct designNumber of products$84,0002productsOrder sizeDirect labor-hours$310,00010,000DLHsActivity MeasureProduct L61PProduct B60EMachine-hours6,0008,000Number of setups290160Number of products11Direct labor-hours7,0003,000Using the plantwide overhead rate, the
percentage of the total overhead cost that is allocated to Product B60E is closest to: A. 30.00% B. 10.34% C. 50.00% D. 31.37%